Pension Administrator

Job Type: Permanent

Location: Isle of Man

Main Responsibilities
As a Pensions Administrator you will support the existing team with the day-to-day administration of pensions including new business; liaise with Members, HMRC, IFAs, Ceding Schemes, Investments Houses, IOMFSA and ITD where applicable.
The role will involve project management and ensuring all activities meet agreed targets; preparing manual and computer generated benefit calculations and related correspondence; maintaining the database, preparing generated benefit calculations and related correspondence; communicating with clients, advisers and employers; undertaking a proactive client facing role, attending client and prospect meetings; processing and checking client pensioner payrolls, including calculation of net pay, arranging payments, liaising with tax offices and preparation of year end returns; preparing annual benefit statements; ensuring customer/employer concerns/complaints are processed correctly and raised appropriately.
Skills
• Excellent written and oral communication skills
• Ability to work to tight deadlines
• Good knowledge in relation to tax, drawdown and reporting both on Island and UK
• 3-5 years’ experience in the industry
• Good attention to detail
• Good analytical skills
• Good planning, problem solving & organisation skills
• Excellent discretion, judgment and organisational skills and be able to initiate projects with minimal instigation or oversight.

Details

• Salary negotiable, reviewed annually
• 22 days holiday + statutory holidays, rising in increments to 25 days
• Health insurance scheme with Aviva after 6 month’s probationary period
• Pension scheme after 12 month’s service, with matched contributions up to 5%
• Bonus incentive scheme after 12 month’s service
• Parking space in Chester Street carpark

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